Author: InvestAdvocate

Non-performing loans: CBN won’t bail out oil marketers – Sanusi

By Ifeanyi Onuba Wednesday, 24 Nov 2010 The Central Bank of Nigeria, on Tuesday, said that it would not approve any bail-out package for oil marketers operating in the downstream sector of the petroleum industry. The CBN Governor, Mr. Lamido Sanusi, disclosed this to journalists in Abuja, shortly after the Monetary […]

NSE: Stockbrokers, Council disagree over 2009 financial results

By Udeme Ekwere Wednesday, 24 Nov 2010 The crisis rocking the Nigerian stock market reared its ugly head again in Lagos on Tuesday as stockbrokers and operators openly disagreed with the 2009 financial results of the Nigerian Stock Exchange. The stockbrokers, who gathered at the 49th Annual General Meeting of the […]

Lagos CIBN to hold 2010 AGM

Wednesday, 24 Nov 2010 The Lagos Branch of the Chartered Institute of Bankers of Nigeria will hold its 2010 Annual General Meeting and election of new executive committee members on December 4, 2010. According to a statement by the branch secretariat, the outgoing executive committee, led by Mr. Bayo Olugbemi, […]